Business Standard

Sunday, December 29, 2024 | 06:31 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Paras Defence makes stellar debut, lists at 171% premium over issue price

Post listing, the stock was locked in the upper circuit of 5 per cent at Rs 498.75 on the BSE

stock market, trading, investors, investments
Premium

SI Reporter Mumbai
Paras Defence and Space Technologies (PDSTL) made a strong debut on the bourses as the stock price of the company more-than-doubled or rose 171 per cent to list at Rs 475 on the BSE on Friday over its issue price of Rs 175 per share. Post listing, the stock zoomed 185 per cent over the issue price and was locked in the upper circuit of 5 per cent at Rs 498.75 on the BSE.

Till 10:02 am, around 469,000 equity shares of the company had changed hands on the BSE. There were pending buy orders for 319,601 shares on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in